Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

AC today announced that has completed the acquisition of TAR from H Holding LLC for $64 million in cash, subject to certain closing and post

image text in transcribed
AC today announced that has completed the acquisition of TAR from H Holding LLC for $64 million in cash, subject to certain closing and post closing adjustments TAR generated sales and EBITDA of approximately 590 million and $10 million, respectively, over the past twelve months. The Company expects to achieve annualized synergies of 54 to 55 million by the third fiscal year after closing. The Company financed the transaction primarily with borrowings from is existing credit facility The price-to-sales multiple in this deal is The price-to-EBITDA multiple in this deal is Suppose TAR has depreciation and amortization of 2 million, interest expenses of 1 million and its tax rate is 40%. Its earnings growth is 14%. The PEG ratio of this deal is

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finance And The Behavioral Prospect

Authors: James Ming Chen

1st Edition

331981351X, 978-3319813516

More Books

Students also viewed these Finance questions

Question

Differentiate the function. r(z) = 2-8 - 21/2 r'(z) =

Answered: 1 week ago

Question

b. Where did they come from?

Answered: 1 week ago

Question

c. What were the reasons for their move? Did they come voluntarily?

Answered: 1 week ago

Question

5. How do economic situations affect intergroup relations?

Answered: 1 week ago